Volkswagen Group is looking far beyond its immediate goal of selling more cars in China as it considers future of mobility and new business models in the world's biggest auto market.
Beijingers who buy electric cars, or e-cars, could avoid having to take part in the license plate lottery, a spokesman for a Chinese automaker said on Sunday.
BMW Group recently announced it will almost double the investment in its new Shenyang factory to around 1 billion euros ($1.42 billion) to enable higher production and increased local content.
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China's automaker Chery Auto and Bayer Group have jointly set up a lab to research and develop lightweight materials for automobiles, Chery announced Friday.
China has launched a special campaign to regulate the use of public funds for government vehicles, in a bid to reduce unnecessary public spending in this area.
When Geely Auto snapped up the Swedish carmaker Volvo last year in what was to be China's largest auto acquisition, the uneasy marriage might have best been described by the old Chinese saying: "Same bed, different dreams".
Toyota Corp will resume operations in China in June, two months earlier than expected, Toyota Motor (China) Investment Co announced on Wednesday.
Auto sales in China may continue to grow slowly this year through the second quarter before rising in the second half, said Wang Dazong, president of Beijing Automotive Industry Holding Co.
The German carmaker, Volkswagen AG, will launch electric cars in China under its new 'Kaili 'brand in conjunction with FAW Group, as it joins other foreign players in the race to develop the fledgling sector.
The price of Chinese-made vehicles fell 1.11 percent in April from a year earlier, and declined 0.15 percent from the previous month, according to a statement on the website of the National Development and Reform Commission on Wednesday.
The Japanese carmaker Toyota Motor Corp said fourth-quarter profit fell 77 percent after Japan's record earthquake disrupted production and crimped domestic sales.